The National University of Sciences and Technology (NUST) has been given the status of a ‘high tech special economic zone’ by Prime Minister Imran Khan which will help give a tremendous impetus to the Pakistani economy.
In a statement the varsity said that the status had been approved during the sixth meeting of the Board of Approvals, which had been chaired by the prime minister the other day.
Subsequently, NUST has become the only high-tech special economic zone (SEZ) amongst the 20 SEZs in the country (the remaining being industrial zones). It also makes NUST the only higher education institution in the country to obtain this status.
NUST Rector Lt Gen (retired) Naweed Zaman said that this exclusive status will augur well for the cause of science, technology and innovation in the country.